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100 Ways to Beat the Market
By Gene Walden
May 1, 1999 |
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Since I'm always looking for ways to beat the market (not
that I always succeed, mind you), this new gem caught my eye.
Two other books by this author have helped me in the past,
so I'm naturally interested in any new ones. The title tells
it all. Mr. Walden offers 100 stratagems for investment, including
ways to find the best potential investments, and methods for
keeping one's cool during market storms. The book is divided
into six sections: getting started, basic strategies, portfolio
building, doing research, choosing advice, and "maintaining
a healthy perspective." Short, 1-4 page chapters detail
specific methods that relate to the major headings.
For us indexers, Mr. Walden discusses our nearest
and dearestindex fundsin Chapter 1. He challenges
the investor to set up two portfolios, active and passive, and
rate them against each other. He then says, and I quote:
| "Unless you beat the odds, your passive, worry-free
portfolio will earn more than your own actively managed portfolio."
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